Agricultural Credit Conditions Survey

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State Fact Sheet

Published February 18, 2014  |  February 2014 issue

Percent of respondents who reported decreased levels for the past three months compared with the same period last year:

 

MN

 MT

 ND

SD

WI

Ninth District

Rate of loan repayments
19
-
19
21
29
19
Net farm income
65
22
58
46
57
54
Farm household spending
19
-
12
7
14
12
Farm capital spending
51
-
42
32
57
40
Loan demand
44
-
12
14
29
16

Percent of respondents who reported increased levels for the past three months compared with the same period last year:

 
MN
MT
ND
SD
WI
Ninth District
Loan renewals or extensions
8
11
12
7
43
11
Referrals to other lenders
-
-
-
-
-
-
Amount of collateral required
5
-
12
21
-
10
Loan Demand
22
11
15
43
14
24

Note: The Upper Peninsula of Michigan is not part of the survey.

Return to: Agricultural producers finish tough 2013; farm incomes down and land values weaken

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